Eastside, Circle Area (3) Homes with Quadruplex Subtype

Welcome to the vibrant Eastside Circle Area of Long Beach, CA, where community charm meets urban convenience! Nestled within the bustling heart of Los Angeles County, this neighborhood is a hidden gem that offers a unique blend of residential comfort and lively city life. The Eastside Circle Area is known for its diverse culture, friendly atmosphere, and an array of amenities that cater to all lifestyles.

One of the standout features of this area is the availability of homes with a quadruplex subtype. Perfect for investors or those looking to live in one unit while renting out the others, these properties offer a fantastic opportunity to maximize income potential. Imagine owning a beautifully designed quadruplex, each unit boasting modern finishes, spacious layouts, and access to outdoor spaces that invite relaxation and gatherings with family and friends.

Residents of the Eastside Circle Area enjoy proximity to a variety of parks, trendy cafes, and local shops, all within walking distance. The neighborhood is also well-connected to major transportation routes, making commuting to downtown Los Angeles or nearby beach cities a breeze. Families will appreciate the excellent schools and community resources, creating a nurturing environment for children to thrive.

Whether you're looking to invest or find your dream home, the Eastside Circle Area in Long Beach offers a unique blend of residential opportunities and community spirit. Explore the charm and potential of quadruplex living in this dynamic neighborhood, where every day feels like a new adventure!

Newest Eastside, Circle Area (3) Homes with Quadruplex Subtype

$1,250,000

PW26142273 MLS ⋅ Active Status

Rare investment opportunity featuring four units on one lot. The front building consists of two 1-bedroom, 1-bathroom units, each with a spacious bonus room. The rear building offers two large 3-bedroom, 2-bathroom units situated above four oversized garages, providing an attractive layout with added privacy for tenants. High income potential. This value-add opportunity offers significant upside potential, making it ideal for investors seeking to increase future income and long-term value. Property is being sold as-is.

1015 Dawson Avenue, Long Beach

$1,350,000

SB26122163 MLS ⋅ Active Status

Perfectly located Historic Rose Park South four unit property on the market for the first time in nearly 25 years. Excellent unit mix with two large 2 bed/1 bath units and two 1 bed/1 bath units full of historic charm and natural light, all with recently updated interiors. Deep lot with a detached 3 car garage plus 3 parking spaces, and a rear patio ideal for ADU development. Well priced on actual income at 12.5X GRM plus a 12% upside to 11.2X GRM and 5.6% cap rate at market rents. Separately metered for gas and electricity. Nestled between the Rose Park and Bluff Heights neighborhoods of Long Beach. 2 blocks away from 4th Street Retro Row including popular restaurants, shops and bars. Just over 1 mile away from the beach with pedestrian access to the scenic Shoreline Bike Path. Long Beach will host 18 events during the upcoming LA28 Olympics, including several taking place right on the beach.

679 Obispo, Long Beach

$1,750,000

PW26116112 MLS ⋅ Active Status

Well-maintained 4-unit residential income property located in the desirable Eastside neighborhood of Long Beach. Built in 1991, the building offers 5,100 sq. ft. of living space on a 6,245 sq. ft. lot with a diverse unit mix comprised of — 2BR/1BA | 2BR/1BA | 4BR/2BA | 5BR/2BA ideal for maximizing rental income. The property generates $11,150 in total monthly gross income ($133,800 annually), comprised of $10,350 in residential rents and $800 in garage income across eight separately rented garage spaces. The varied unit mix appeals to a wide range of tenants, from small households to larger families — supporting strong occupancy and tenant retention. The utilities are separately metered for gas and electricity. Select units include in-unit laundry hookups, and a new roof reduces near-term capital expenditure concerns for investors. Located in one of Long Beach's most established and sought-after neighborhoods, this asset offers stable residential demand with convenient access to local shops, dining, parks, and major thoroughfares.

1117 Euclid, Long Beach

$1,080,000

SB26103140 MLS ⋅ Active Under Contract Status

We are pleased to present 1140 Orizaba Avenue, a 4-unit multifamily investment opportunity located in the Eastside/Circle Area submarket of Long Beach (90804). The property features an attractive unit mix of (1) 3 Bed/2 Bath, (1) 2 Bed/1 Bath, and (2) 1 Bed/1 Bath units situated across three separate structures. The large 6,531 SF lot and efficient lot coverage provides ample on-site parking, which is especially valuable in this parking impacted submarket. The property benefits from a low-expense operating profile, as each unit is separately metered for gas and electricity, while owner-paid water, sewer, and trash expenses have historically remained very low. Priced at a 5.01% CAP Rate and 13.51 GRM on current in-place rents, with upside to an achievable 7.88% Market CAP Rate and 9.59 Market GRM, the offering presents a compelling value-add opportunity with strong day one income and approximately 41% rental upside. Further, the property is strategically located in a high-demand rental pocket with a near-perfect Walk Score of 99 (“Walker’s Paradise”). Historically, walkable neighborhoods with authentic local character, limited housing supply, and established community amenities have demonstrated durable tenant demand and stronger long-term appreciation potential relative to more transient rental submarkets.

1140 Orizaba Avenue, Long Beach

$1,599,999

PF25218738 MLS ⋅ Active Status

Welcome to this exceptional investment opportunity, a remodeled fourplex offering a diverse mix of unit sizes and strong rental income potential. Renovated in 2021, the property combines modern updates with impressive cash flow, making it an ideal choice for both seasoned investors and owner-occupants seeking to offset their mortgage with rental income. The fourplex features a one-bedroom, one-bath unit with 559 square feet of comfortable living space, a spacious four-bedroom, two-bath unit with 1,080 square feet and its own garage, a three-bedroom, two-bath unit with 1,094 square feet and garage access, and a three-bedroom, one-bath unit with 915 square feet. This well-balanced variety of layouts appeals to a wide range of tenants, maximizing occupancy and rental demand. Currently generating an impressive annual gross income of approximately $132,000, the property delivers reliable returns with room for further growth. With one unit vacant, buyers may qualify for FHA financing or take advantage of owner-occupant opportunities, allowing favorable terms while benefiting from immediate rental income from the remaining tenants. The remodel completed in 2021 included thoughtful updates designed to enhance comfort, durability, and long-term value, reducing the need for significant near-term improvements. From its strong rental history to its desirable unit mix and updated condition, this fourplex is a rare find in today’s market. Whether you are looking to expand your investment portfolio with a high-yield, low-vacancy property or secure a home that pays for itself through rental income, this opportunity checks all the boxes.

2122 E 10th Street, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.